From dictionary..

Troller - someone who likes to troll, a person who either intentionally or pointlessly yells and swears and insults someone with no or some purpose. Usually spawned by agruements, disagreements, or just hatred.

Uems-C17? Sorry to curtail your excitement kai/azza.. I dont hold any of those.. but I do wish Uems will pass over 1.05 soon so that C17 will have some value by end of next month and the current holders can smile. Gudluck to everyone..

PS: psstt kai/azza.. I did take profit about 25k on SkpetroC17 yesterday tho.. :)

Oil prices still rising but Monday KLSE closed.. arrgghh..

Wow.. kai got very annoyed after some of his comments were removed and created azza just to post 2 harsh comments about me. Well kai/azza.. you're forgiven since you're new here. But do know that you there are many of us here that still hold to this counter despite being frustrated for quite a long time.. and yes.. I still believe Uems will eventually rise again.. especially with strong main (Khazanah/LTH/EPF) shareholders. Cheers..

Yes.. and this latest statement is worrying:-

"A decision on cutting oil production is possible only if all crude-exporting nations are in agreement, and there’s no timing for talks, Russia’s Energy Minister Alexander Novak said"

Remember the last OPEC meeting?

Looks like C17.. may rise to 0.025 soon.. when Uems hit 1.12 by next week..

Market makers love to push up prices with these kind of rumors. Me really hope the anticipation will be true on news later. Monday.. KLSE close.. hmm.. meanwhile.. some points to ponder:-

"After months of opposing any production cuts, Russia said on Thursday it would be willing to discuss output levels with OPEC"

"It’s possible that Russia could be testing the waters to gauge how OPEC members would respond to the idea of cuts"

"Even if Moscow accepts discussing output cuts, significant obstacles remain in reaching agreement with OPEC. Saudi Arabia is keen to defend market share, particularly in China where it’s battling with Russia head-to-head to be the largest supplier"

“Political relations between Saudi Arabia and Russia are poor, not helped by the latter’s support for Iran”

and the most worried:-

"OPEC delegates said they have no meeting planned with Russia after the country’s Energy Minister Alexander Novak indicated he was willing to meet with the group next month to coordinate oil-output policy"

I only give opinions. Did I ask you to buy kai? Do you want me to block you for false accusation?

Hope so.. coz many people (me included) hopping into rising O&G counters now may get trapped.. again..

Only stupid people will buy the risky Kbb Resources. It a loss making typical "gorenged" counters with made up rumours. and many "salesmen" with buy calls.. lol

Kai.. are you a contra trader? If Uems do drop to 75 sen.. why game over? I will buy 10k lots.. at the least.. lol

Really dont understand these..

"We remain highly sceptical that such a meeting will result in credible cuts in supply; thus, we see this as nothing more than an attempt to shift market sentiment, and we do not expect that it will change the physical market imbalance," Barclays said Thursday, referring to meetings between OPEC members and Russia."

but..

"OPEC delegates said they have no meeting planned with Russia after the country’s Energy Minister Alexander Novak indicated he was willing to meet with the group next month to coordinate oil-output policy.

Four OPEC representatives said they hadn’t heard of any plan for talks. One Gulf member said de facto leader Saudi Arabia had no proposal to trim production by 5 percent, after Interfax reported the country had suggested such a cut at previous OPEC meetings, citing Novak. The minister said Russia would be willing to discuss output with OPEC, according to the news service."

so..

"It’s possible that Russia could be testing the waters to gauge how OPEC members would respond to the idea of cuts," said Jason Bordoff, director of the Center on Global Energy Policy at Columbia University and a former senior oil official at the White House.

causing..

"the rise in oil prices recently" ???

Be xtra careful when trading in furniture related counters when the economy is gloomy.. uncertain.. expecially when ringgit too is recovering. Gudluck everyone..

Maybe the P/E has been quite high? Thats why the huge consolidation..

Haiyaa.. still talking about Eka here? Can you pls stop it..

LTH is one of the main shareholders. Looks like they may have to liquidate some of their shares in UEMS within these 2 months. But they cant sell at loss.. coz not look good for their investment portfolio. So.. guess what? White knight.. ;)

Sharing.. be careful..

"OPEC delegates said they have no meeting planned with Russia after the country’s Energy Minister Alexander Novak indicated he was willing to meet with the group next month to coordinate oil-output policy."

"Without word from the Saudis this is just a bunch of noise," said Mike Wittner, head of oil-market research in New York at Societe Generale SA. "One thing I am sure of is that we’re not going to stay here on this news. If this turns out to be real, we’re going a lot higher, and if it’s not, we’re heading back to $26."

If you hold mom.. then can relax laa. But what if warrants.. hmm.. best of luck ya..

Yess.. I see rebound.. in fact everyday.. same pattern.. lol

Supermx dropped 50 sen in just 3 days. Wow.. nice job !!!

Why Supermx falling knife.. factory lines shutdown?

MBB.. CIMB.. RHB-OSK..

Guys.. by now you all should be familiar with the daily pattern already. So.. no false hopes plz ya..

TopGlov reversed the downward nicely.. hmm

The way it dropped very fast from its high of 3.5 in high volume for the past few days made it look like this company gonna bust soon.. wow! My TP of 2.5 is getting near.. :)

Neeway.. pity to the warrant holders.. huge loss !!!

I though by now.. everyone know.. thats the "norm" already.. P/E only 11 while Kossan already 28.. :D

People sell bcoz oil prices has been increasing too. But suddenly oil dropped currently..

Welcome back.. Superman gonna be Superboy @2.5 soon.. n all warrant in ICU.. yeah !!! :D

Those holding the call warrants (mostly at high premiums) expecting to make mega bucks are now trembling (wannan pansai). Condolence to the fallen comrades..

Hey.. Supermx.. nice!! Drop further plz.. my bullets are ready after took profit yesterday.. thank you.. :D

Be xtra careful.. study the real facts. The increase in oil prices currently are merely based on hopes.. supply to decrease on crude output cut?

TH also corrupted.. OMG !!!

Apology chasz.. its the evergoing frustration and sinking false hopes.. and trust me.. you're not alone..

It will drop to 0.755 very soon prolly by next week. Then it will stay at that level till end of this year. Those holding any of its so many warrants.. sorry.. your hard earned cash will vanish into the thin air.. and you cant even see em.. what a pity !!!

Supermx most prolly may rebound tomorrow..

Selloffs softening.. supports/buyers getting stronger. Gudluck everyone..

Its normal.. profit takings.. and most of other active counters are also in red. Its a good counter. Monitor and buy on weakness..

Both WTI crude and finally Brent crude are below US$30 now. Looks like it maybe be worsen soon. If not for EPF support.. me think Skpetro would has been below 1.50 currently..

Agreed.. it has been sinking.. abandon tis boat !!!

There are outstanding 11 call warrants and mostly issued by Maybank and Macquarie. Currently all of these warrants worth worse than toilet papers eccept C18 which joining the rubbish soon too. What a pity counter with big but useless shareholders giving people false hopes only.. just like our gov't.. hmm.. :(

Looks like its more of a monitoring day with many inactive counters today..

WTI Crude already went below US$30 and Brent Crude has slso dropped and is at US$30 currently. With more negative news in the air.. Me opine take profit and cut loss if possible. Monitor and buy back later on weakness. Trade cautiously on any O&G counters due to the weakness in oil prices and gudluck.

Sharing a few excepts for us to take note:

"Oil resumed its decline after the biggest two-day rally in more than seven years as concerns persist over ample U.S. stockpiles, steady production from Saudi Arabia and Russia and the outlook for increasing Iranian shipments after the end of sanctions. Prices may take as long as three years to normalize"

"The Saudis aren’t helping the market by deciding that they will go full-speed ahead with their investment plans"

“Saudi Arabia is well-documented to be the clear lowest-cost producer -- we have scale, capabilities, and technology to help us maintain our low cost as we go forward"

"The state-run producer, known as Saudi Aramco, can sustain low oil prices for “a long, long time"

Currently.. oil prices dropped close to US$30 (5-6%).. and if continue.. brace for impact everyone. Gudluck and trade cautiously.

Just sharing..

http://www.theedgeproperty.com.my/my/content/uem-sunrise-presents-conservatory-melbourne

Ivan.. whatever it is.. during current economic uncertainties.. try not play the warrants.. very risky. If you want.. you can still buy the mom.. since you can hold it without to worry on the expiration. Just me 2 cents n gudluck..

Yes.. its temporary. Can still profit if monitored very closely. Gudluck n dont get trapped like many others especially in the warrants (high premium) ya..

Wondering why AAX have been dropping when the oil prices dropped but its price went up when the oil prices suddenlyrebounced sharply.. hmm ???

Trade catiously.. it may be up bcoz of the very positive market sentiments today. Gudluck everyone n monitor closely.

Hmm.. looks like they also have negative anticipation on the oil prices..

http://www.theedgemarkets.com/my/article/sapurakencana-aborts-plans-buy-petronas-blocks-offshore-vietnam-us400m

Good to play but pls mornitor closely n take profit as fast as you can. Do not succumb to greed expecting to make mega profit. Somehow I believe the oil prices rebounce will be a short one.. gudluck everyone.